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Last-In, First-Out Method See Appendix B for more information. When the LIFO method is used, the cost of merchandise on hand at the end of
Last-In, First-Out Method See Appendix B for more information. When the LIFO method is used, the cost of merchandise on hand at the end of the period is made up of the earliest costs. Based on the sam 2 answers
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Intermediate Accounting Volume 2
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Irene M. Wiecek, Bruce J. McConomy
12th Canadian Edition
9781119497042
